Hyatt Accounting Manager - Capital Expenditure in CHICAGO, Illinois

Description:

Summary Hyatt Hotels Corporation seeks a self-motivated professional accountant to join its Finance organization as a Manager within the Corporate Accounting team. The primary responsibility of this position is the direct oversight of three Senior Construction Accountants and one shared managerial responsibility over a Senior CIP Accountant. Oversight includes construction accounting and also covers the accountants’ assigned processes within the Hyatt monthly and quarterly close processes. Responsibilities include ensuring proper review of contracts, construction draws, capital expenditure cash flow reporting, capitalization of appropriate costs, cost segregations, journal entries, and monthly and quarterly balance sheet account reconciliations, across all Hyatt entities.

Additional responsibilities include the evaluation and development of the Seniors in the organization so that they may grow as professionals and elevate to higher levels of responsibility. Moreover, the Manager will be expected to identify process improvements and manage the teams to ensure the projects are successfully executed. Finally, the Manager is expected to serve as a customer service point of contact for the Construction and Business Unit Finance groups that are supported by his/her team and to proactively engage them in strategic discussions as to how to improve the level of accounting’s service.

Responsibilities

  • Review of complex monthly journal entries prepared by senior and staff accountants.

  • Review of high risk balance sheet account reconciliations prepared by senior and accountants.

  • Review of monthly analytics over significant account balances which have been prepared by the senior and staff accountants.

  • Review of quarterly internal and external reporting schedules, including capital expenditure cash flow reporting.

  • Field and resolve inquiries from management and external auditors.

  • Contribute to compliance with Sarbanes-Oxley, including documentation of process areas and testing of key controls.

  • Contribute to compliance with Sarbanes-Oxley, including documentation of process areas and testing of key controls.

  • Establish and maintain accounting relationships with the Construction, Business Unit Finance, and Asset Management groups.

  • Identify and drive improvements to processes in their organization that will result in reductions to financial exposure and increases in efficiency.

  • Manage the fixed asset process as it relates to Construction In Process (CIP) for our owned hotels in accordance with Hyatt’s Accounting Policies and US GAAP.

  • Review of draw requests, change orders, contracts, purchase orders or other documentation and support for global construction projects.

Qualifications:

Experience - 5-7 years of experience in corporate accounting and/or public accounting. - Supervisory responsibilities or other experience that requires ensuring the quality of work delivered by other individuals. - Previous experience with the real estate and/or construction industry preferred.

Education - Bachelor’s degree in accounting - Master’s degree in accounting

Certificates, Licenses, Registrations - CPA – Certified Public Accountant – preferred, but not required

Computer Skills Needed to Perform this Job - Strong PC skills including Microsoft Office - Experience with financial ERP systems (Oracle preferred)

Additional Comments and Requirements - Oral and written communications – communicates effectively at all levels both verbally and in writing; responds appropriately to verbal and non-verbal cues; can succinctly get messages across that have desired effect. - Expertise – demonstrates a high degree of profressional accounting competence in correctly translating business process activity into journal entries; can efficiently and accurately gauge the accounting accuracy of entries prepared by others; timely and independently resolves ad hoc accounting research issues. - Organizing – can proactively marshal resources, including people, to get things done; can orchestrate multiple activities at once to accomplish a goal; uses resources effectively and efficiently; arranges information and files in a useful manner. - Customer focus – views every customer contact as an opportunity to add value and enhance relationships. Considers the impact on customers as a barometer to use in decision making. - Personal integrity and trust – is widely trusted; is seen as a direct, truthful individual; can present the unvarnished truth in an appropriate and helpful manner; keeps confidences; admits mistakes; does not misrepresent him/herself for personal gain.

Primary Location: US-IL-Chicago
Organization: Hyatt Corporate Office
Pay Basis: Yearly
Job Level: Full-time
Job: Accounting/Finance/Tax
Req ID: CHI008890

Hyatt is an equal employment opportunity and affirmative action employer. We do not discriminate on the basis of race, color, gender, gender identity, sexual orientation, marital status, pregnancy, national origin, ancestry, age, religion, disability, veteran status, genetic information, citizenship status or any other group protected by law.